Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

16510

Centaur Group Finance launches Centaur Natural Resources Bond

RELATED TOPICS​

Centaur Group Finance (CGF) has launched the Centaur Natural Resources Bond which has a three-year term and 12% annual coupon.

The coupon will be paid to Qualified Investors on a monthly basis and CGF expects to raise up to USD15m.

CGF intends to use the proceeds from the Bond to finance current Centaur mining projects in the coal and copper sector predominantly in the United Kingdom, South Africa and Namibia and/or the acquisition of capital equipment to expand current mining operations.

The Bonds are available in denominations of USD10,000, with a minimum investment of USD100,000 (or less if the Qualified Investor meets the suitability tests specified by the Bermuda Stock Exchange) and will be listed on the main market of the Bermuda Stock Exchange. The listing agent for the Bond is Cohort Ltd.

The issue is the first of a series of bonds planned by CGF in the coming months, which have been developed based on investor demand for debt products in the GCC and will allow Centaur to enhance its financial flexibility by diversifying its sources of funding

Nicolas Angio, Group CFO of Centaur, says: "Centaur is delighted to be launching its first Qualified Investor bond offering to investors in the GCC which was created following investor demand for debt products in the region. Centaur has further bond offerings to launch in the coming months for investors looking for exposure to the different sectors and markets in which Centaur operates in various geographical locations"

Latest News

Pantheon, a specialist global private markets investor, and iCapital, the global fintech platform, have announced..
Data from Houlihan Lokey’s MidCapMonitor showed that UK sponsor-backed financing activity significantly increased YoY in..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15..

Related Articles

Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by